Rock Tech Lithium Inc. (CVE:RCK – Get Free Report) shares were up 6.8% during mid-day trading on Friday. The stock traded as high as C$0.69 and last traded at C$0.63. 2,183,809 shares were traded during trading, an increase of 4,798% from the average daily volume of 44,588 shares. The stock had previously closed at C$0.59.
Rock Tech Lithium Price Performance
The stock has a market cap of C$82.33 million, a price-to-earnings ratio of -6.70 and a beta of -0.10. The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.68 and a current ratio of 1.02. The company has a 50-day simple moving average of C$0.67 and a two-hundred day simple moving average of C$0.79.
Rock Tech Lithium Company Profile
Rock Tech Lithium Inc engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc and changed its name to Rock Tech Lithium Inc in April 2010. Rock Tech Lithium Inc was incorporated in 2010 and is headquartered in Toronto, Canada.
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